Bank Negara raises OPR by 25bps to 2.5%, as expected
This is the MPC’s third consecutive 25bps OPR hike this year, in line with 17 economists’ forecast polled by Bloomberg, bringing year-to-date increase to 75bps.
Aggressive monetary policy would disrupt ongoing economic recovery, says BNM
BNM governor Tan Sri Nor Shamsiah Mohd Yunus: For OPR (overnight policy rate) to go back to the pre-pandemic level of 3.
BNM raises OPR to 2% from record low of 1.75%
KUALA LUMPUR (May 11): Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) on Wednesday (May 11) increased the overnight policy rate (OPR) by 25 basis points to 2% from a record low of 1.
Elevated unsold houses reflect pre-existing affordability issues, says BNM
KUALA LUMPUR (March 30): The number of unsold houses remained elevated in the third quarter of 2021 despite some improvements in activity in the residential property market, said Bank Negara Malaysia (BNM).
Limited signs of credit-fuelled speculative house purchases despite low interest rates, says BNM
KUALA LUMPUR (March 30): Against the backdrop of low interest rates domestically and globally, there have been limited signs of credit-fuelled speculative investments in the housing market, according to Bank Negara Malaysia (BNM).
i-Serve Online Mall requests BNM to clarify 'factually incorrect' press statement on joint action enforcement
KUALA LUMPUR (Nov 19): i-Serve Online Mall Sdn Bhd has requested that Bank Negara Malaysia (BNM) clarify “vague and factually incorrect” statements in a press release issued by the Central Bank on Monday (Nov 15) regarding the joint enforcement action on the company.
BNM: Malaysia not facing stagflation; growth to accelerate in 2022
KUALA LUMPUR (Nov 12): Bank Negara Malaysia (BNM) said Malaysia is not facing stagflation, with the central bank pointing out that economic growth is expected to accelerate in 2022.
BNM maintains OPR at 1.75% after final Monetary Policy Committee meeting for 2021
KUALA LUMPUR (Nov 3): The Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) during the MPC’s final 2021 meeting on Wednesday (Nov 3) decided to maintain the overnight policy rate (OPR) at 1.
URUS programme to assist B50 borrowers who have lost jobs, income — BNM
KUALA LUMPUR (Oct 14): Bank Negara Malaysia (BNM) welcomes the Financial Management & Resilience Programme (URUS) by Agensi Kaunseling dan Pengurusan Kredit (AKPK) and the banking industry, which seeks to aid B50 borrowers with performing loans who have lost their jobs or who are experiencing income loss of at least 50%.
BNM seen maintaining OPR at 1.75% until mid-2022 — SERC
KUALA LUMPUR (Oct 7): Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 1.
